Credit Suisse informed investors that it would no longer execute transactions for certain cannabis companies with US operations or hold them on behalf of clients back in March.[1] The weed industry is booming, with Cannabis...

Over the past year, several major players in the pharmaceutical industry have faced severe shareholder scrutiny for misleading the public regarding their roles in the production of COVID-19 vaccines. The company to most...

Special purpose acquisition companies, or SPACs, have become the new, go-to structure for taking private companies public. These companies begin as shell corporations listed on public stock exchanges. Often, they report a...

Private jets, million-dollar compensations and bonuses during COVID-19? When does corporate waste get of hand and becomes actionable? Corporate waste is when exchange is “so one sided that no business person of ordinary,...

Shareholder derivative suits are brought by an investor on behalf of the corporation itself. In a derivative case, the plaintiff alleges that the actions of the defendants, typically the company’s officers and directors,...

The Delaware Supreme Court ruled in favor of stockholders when affirming a Court of Chancery decision ordering the production of books and records in response to a Section 220 demand. Defendants in this case,...

The FTC showed their continued efforts to defend consumer data privacy in the new year with in reaching a settlement with Flo Health, Inc (“Flo” or “the Company”). The FTC filed a complaint against Flo for sharing the...

Biometrics are unique physical characteristics that can be used for automated identification of a person. Even though individuals may not know the exact term “biometrics,” millions of individuals use some form of it in...

The 2020 Atlantic hurricane season, which began in June and continues until November, is on track to break meteorological records. While the average hurricane season features 12 named storms, 2020 has already seen 20 of...

Early last week, Attorney General Maura Healey filed a lawsuit against Credit Acceptance Corporation (“CAC”), a credit lender that specializes in auto loans. The complaint alleged that CAC had provided borrowers with...